There is an increasing trend of workforce diversity throughout the business community. Only a few decades ago, or less, what was considered the norm changed. Where men were the predominant gender in the workforce, now both genders fill positions in nearly equal numbers (Kronos Inc., 2005). Previously, demographics such as religion, race, religious affiliation, age, and physical disabilities, may have been excluded from work environments, yet now they find opportunities abound (Kronos Inc., 2005). Modern organizations must recognize that they need to bring together these diverse groups and create a cohesive team, ensure that the individuals have the right skills, training, and support to align their work with the corporate strategy. The following …show more content…
New Strategy for a Diverse Workforce
The new workforce has varying characteristics that range from their gender, age, race, origin, level of education, to their perspectives on personal wealth and company loyalty (Dychtwald, Erickson, & Morison, 2006). Companies will find continuing trends of the baby boomer generation exiting the workforce which will reduce the available experienced work pool, increased demand for knowledge-based labor over manual labor, increased ethnic diversity, greater life-stage variety, and tightening of the labor markets.
As diversity continues its growth throughout the workforce, companies need to rise and meet the challenge of creating a new workforce strategy, and continue to maintain adjustments to that strategy as the demographics of the workforce continue to change. A new workforce strategy must include a long-term approach, prevent talent shortages, and find new sources of labor and skills (Dychtwald, Erickson, & Morison, 2006). Without a new workforce strategy organizations will not manage diversity effectively, utilize the full potential of their workers, nor survive and grow due to the increasingly complex and competitive business conditions (Wentling,